WAPS market nears a tipping point, says LR analysis
NewsMOL and Vale retrofitted a Capesize bulk carrier with rotor sails, marking a first, as Lloyd’s Register predicts the market will soon surpass 100 WAPS installations.
IUMI mulls machinery matters
As might be expected at any marine insurance event, the issue of claims ratios and whether they are moving up or down, is always a big talking point. This year’s conference of the International Union of Marine Insurance (IUMI), in Genoa in September was no exception.
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